Letter of credit  management using SAP business one

Hi Experts,
One of our customer wants to manage the "Letter of Credit" used in exporting their product to different countries. They need to record it, discount it from bank, record bank charges and close it when their customer repays the amount. Also need to reconcile it through bank reconciliation. Is there any solution available (as an add-on or work around)?
Thanks and regards
Ajith G.

Hi Ajith,
Please refer to SAP note 1028874
Regards
Jambulingam.P

Similar Messages

  • Letter of  Credit management in SAP Business one

    Hi All,
    One of our customer wants to manage the "Letter of Credit" used in exporting their product to different countries. They need to record it, discount it from bank, record bank charges and close it when their customer repays the amount. Also need to reconcile it through bank reconciliation. Is there any solution available (as an add-on or work around)?
    Thanks and regards
    Ajith G.

    Hi  Peter,
    We are using India localization and the Bill of exchange is not available in that. But after reviewing the functionality, we found that it is a very good workaround solution for our customer.  Now my question is whether this facility will be added for India localization in the next version of SAP Business One?
    In addition to that we are discussing with another prospect who is actually doing cross-border trade. He is satisfied with all other aspects of Business one. Only problem is that he wants to generate all documentations related to his trade to be generated from Business one. Is this possible or any add-on available?
    Regards
    Ajith G
    Edited by: Ajith G on Jun 29, 2009 12:04 PM

  • SAP Crystal Reports data source connection problem using sap business one

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    Hi All,
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    Regards
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    Hi Arindam,
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